Egypt, French agency sign financing agreements- statement

The agreements were part of the 2019-2023 Strategic Partnership in Social and Economic Development between Egypt and France

  
Egyptian President Abdel Fattah al-Sisi and French President Emmanuel Macron attend a joint news conference at the Elysee palace, France December 7, 2020. Egyptian President Abdel Fattah al-Sisi is paying a state visit to France for talks on fighting terrorism, the conflict in Libya and other regional issues. Michel Euler/Pool via REUTERS

Egyptian President Abdel Fattah al-Sisi and French President Emmanuel Macron attend a joint news conference at the Elysee palace, France December 7, 2020. Egyptian President Abdel Fattah al-Sisi is paying a state visit to France for talks on fighting terrorism, the conflict in Libya and other regional issues. Michel Euler/Pool via REUTERS

CAIRO- Egypt and the French Development Agency have signed development financing agreements worth 715.6 million euros, the Egyptian international cooperation ministry said in a statement on Wednesday.

The package was aimed at accelerating the transition to a green recovery and investing in human capital, it added. The agreements were signed on the sidelines of the visit of Egyptian President Abdel Fattah al-Sisi to France.

The agreements were part of the 2019-2023 Strategic Partnership in Social and Economic Development between Egypt and France, worth 1 billion euros, the statement said.

(Reporting by Ehab Farouk; Writing by Mahmoud Mourad; Editing by Alex Richardson) ((mahmoud.mourad@thomsonreuters.com))

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